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Justin Sun accuses WLFI of hidden blacklist function freezing investors' tokens without notice.

Market News
12 Apr 2026
Coinpaper
View Source
Bearish
pluang ai news

Justin Sun, founder of Tron, accused World Liberty Financial (WLFI) of secretly embedding a blacklist function in its token contract, allowing the company to freeze or restrict token holders' assets without warning. Sun, who invested believing WLFI was a decentralized finance platform, revealed his wallet was blacklisted in 2025, making him the largest affected investor. He criticized WLFI's governance as opaque and unfair, claiming key decisions were pre-determined and lacked transparency. This controversy comes amid WLFI's borrowing activities and a sharp token price drop, raising concerns about the project's control, liquidity, and investor rights.

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